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Sparke Helmore should face higher damages bill for negligence, developer says
Andre Zahra 2022-05-06 4:51 pm By Cat Fredenburgh

A NSW developer says law firm Sparke Helmore should face a heftier damages bill for its negligence in failing to alert it to an imminent deadline in two land sale contracts worth a combined $1.5 million that were part of a troubled $30 million development.

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AGL dodges green shareholder’s challenge to demerger scheme booklet
Corporate 2022-05-06 5:48 pm By Sam Matthews

AGL Energy has defeated a green investor’s challenge to its demerger scheme booklet ahead of a vote on the controversial proposal, but has been ordered to rectify a video to disclose the climate-related risks of the plan.

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Seeing red: Priceline can’t trade mark signature pink
Healthcare 2022-05-06 11:03 pm By Cat Fredenburgh

Discount pharmacy Priceline cannot trade mark the signature bright pink that adorns it shopfront signs and awnings, an IP Australia delegate has found.

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Apple faces battle to protect Touch ID source code in patent stoush
Angus Lang 2022-05-06 2:16 pm By Cindy Cameronne

Apple is “unlikely” to avoid production of the source code for its Touch ID and Face ID technology to an Australian non-practicing entity that has sued the Silicon Valley company for patent infringement, a judge has said.

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ABC’s ‘fool’ claims shot down in defamation suit over ‘Putin’s Patriots’
ABC 2022-05-06 5:15 pm By Sam Matthews

A judge has struck out part of the ABC’s defence in a lawsuit by the head of Russian motorcycle club Night Wolves over an allegedly defamatory Four Corners report.

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GST class action likely to be dropped after funder bows out
Anthony McInerney 2022-05-05 4:26 pm By Cindy Cameronne

The future of a class action against a Canberra property developer accused of misleading investors about GST on their apartments is in doubt after the litigation funder withdrew support for the “uneconomic” case.

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‘Just a fishing expedition’: Quintis class action can’t see EY meeting docs
Accounting 2022-05-05 4:45 pm By Cindy Cameronne

Shareholders bringing a class action against Quintis have lost their bid for Ernst & Young to hand over documents from two meetings with a director of the sandalwood supplier, after a judge found they did not get “within a bull’s roar” of showing the accounting firm’s discovery was inadequate.

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No penalty for IOOF unit RI Advice in ASIC’s novel cybersecurity case
ASIC 2022-05-05 12:24 pm By Christine Caulfield

IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security company and pay the corporate regulator’s legal costs.

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ASX wants $3M security for costs from iSignthis after Cyprus move
Brendan Lim 2022-05-05 4:56 pm By Sam Matthews

The Australian Stock Exchange is seeking $3.25 million in security for costs as it defends a $464 million lawsuit brought by fintech firm iSignthis, a move spurred on by the 2021 demerger of iSignthis and ISX Financial EU.

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More clinics to be pulled into Monash IVF class action over embryo destruction
Class Actions 2022-05-04 8:46 pm By Sam Matthews

Six more fertility clinics in states across the country are set to be pulled into a class action against Monash IVF on behalf of hundreds of men and women demanding damages for the alleged destruction of potentially viable embryos.

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